MIMOS and consumer goods giant P&G recently marked their successful completion of a pilot project on traceability of sustainable palm oil.
The partnership between MIMOS and P&G dates back in 2017 when both agreed to work on Oil Palm Data Warehouse and analytics system using locally-developed Big Data Analytics and Blockchain technology to optimise the efficiency of data collection process by industry.
The system facilitates the tracking of private smallholders’ interactions with dealers as well as the movement of fresh fruit bunches produced from the farms. Thus far, over a thousand smallholders in Johor have been engaged and enabled to apply this traceability solution through the collaboration.
The traceability platform establishes relationships between P&G palm suppliers to palm oil mills and refineries. Through this system, P&G is able to identify areas of social and environmental risks along their supply chain; they subsequently can plan and monitor follow-up actions for improvement and progress.
Deputy Minister of International Trade and Industry (MITI) Dr Ong Kian Ming commended the collaboration, adding that Malaysian industries need to invest more in sustainable solutions if they want to compete in the international market.
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